Kurlon Ltd

Company Overview

Kurlon Limited is the Parent Company of Kurlon Enterprise Ltd.

Pursuant to a Business Transfer Agreement Between the Holding company Kurlon Ltd and Its Subsidiary Kurlon Enterprise Ltd, all land and buildings (except for the Gujarat plant) were retained by Kurlon Ltd and all plant and machinery (except the Gwalior plant) were transferred to Kurlon Enterprise Ltd. The core operations of the mattress, foam and furniture business are now carried out by KEL and all the products manufactured by KL (through the Gwalior plant) are sold to KEL on a cost plus model.

id company_master_id company shareholder sharesNo shareHolding dateOfUpdate
76 16 Kurlon Ltd Manipal Holdings Pvt Ltd 7183919 0 2020-03-31
77 16 Kurlon Ltd Maha Rashtar Apex Corp Ltd 5693020 0 2020-03-31
90 16 Kurlon Ltd Public Shareholding 898040 0 2020-03-31
78 16 Kurlon Ltd General Investment and Commercial Co 487620 0 2020-03-31
79 16 Kurlon Ltd Jaya S Pai 376586 0 2020-03-31
80 16 Kurlon Ltd Metropolis Builders Pvt Ltd 167036 0 2020-03-31
81 16 Kurlon Ltd Manipal Home Finance Ltd 32350 0 2020-03-31
82 16 Kurlon Ltd T Sudhakar Pai (Trustee Ananth Trust) 29107 0 2020-03-31
89 16 Kurlon Ltd Tonse Sudhakar Pai (Trustee trust foundation) 12570 0 2020-03-31
84 16 Kurlon Ltd Mangala Investments Ltd 646 0 2020-03-31
id company_master_id company shareholder sharesNo shareHolding dateOfUpdate

Revenue Segment

Share Holding

Revenue & Margins

% Margins

Company Financials

Profit and Loss Account (₹ in Crores) 2018 2019 2020
Revenue from Operations 1086.45 1023.8 961.73
Other Income 221.53 33.11 12.59
Total Income 1108.6 1056.91 974.33
Cost of Operations 557.06 554.17 471.18
EBITDA 161.4 156.97 145.11
EBITDA % 14.56 % 14.85 % 14.89 %
EBIT 143.25 133.47 106.23
EBIT % 12.92 % 12.63 % 10.9 %
PBT 136.64 125.8 95.69
PBT % 12.33 % 11.9 % 9.82 %
TAX 50.71 50.62 20.03
NPAT 85.93 74.96 75.66
NPAT % 7.75 % 7.09 % 7.77 %
EPS (Basic) in ₹ 57.6 51.04 51.13
EPS (Diluted) in ₹ 57.6 48.29 48.37
Dividend Per Share (in ₹) 0 0 0

Sources of funds

Application of funds

Balance Sheet (₹ in Crores) 2018 2019 2020
Share Capital 14.88 14.88 14.88
Reserves 401 492.62 563.82
Networth 415.88 507.51 578.7
Long Term Borrowings 18.5 7.81 3.44
Short Term Borrowings 19.5 26.76 28.33
Current Liabilities 175.91 179.01 171.65
Non-Current Assets 391.07 458.84 541.84
Current Assets 333.2 370.52 385.13
Total Assets 724.27 829.36 926.98
Cash Bank Balance 46.19 36.96 17.17
Trade Receivables 120.16 120.3 66.46
Trade Payables 130.36 137 127.35
Inventory 115.51 134.08 137.76
Cash Flow Statement (₹ in Crores) 2018 2019 2020
Cash flow from operating Activities 69.61 81.99 96.13
Cash flow from Investing Activities -58.71 -94.26 -103.11
Cash flow from Financing Activities 2.43 3.81 -12.9
Net Cash-Flow 13.33 -8.46 -19.88

KEL %

2020
2019

SHEELA %

2020
2019
Price Multiples as on 2021-05-08
Face Value Per Share (in ₹) 10
Price Per Share (in ₹) 500
P/E 10.34
P/B 1.29
Dividend Yield 0 %
Price / Sales 0.77
Interesting Quote / Trivial Information about the company's unlisted shares
Kurl-on
Source Name
Additional details

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